30 year fixed rates are back down at the 5% range...
Government spending is requiring more T-notes to be printed and sold. This is starting to have a more serious affect on the US dollar vs. other currencies: it is worth less. (This is why we are seeing the result at the pump and oil prices surging upward...if we were all holding another currency that is holding steady: the price of oil would appear more stable.) Diluting the value of the dollar by printing more of them could spell disaster in the future but for now we just need to hold on to our hat.
DOW gained 97 points and is back close to 8500 points.
Oil popped over 67 dollars for a time today.
Silver had a 22% GAIN in value this month...
Have a great weekend! Remember: I am available...as well as any of the well qualified members of my team. Let us know if there is anything we can do for you.
